RAM Holdings (RAMR)

pilgrim · 05-11-2009, 12:34 PM

Has anyone been watching RAM Holdings (RAMR)? This is a financial guaranty reinsurer, which has been beaten down recently and is poised to delist from the NASDAQ.
This has had a 52 week high of $3.22 and low of $0.09 which occurred on May 4th. I averaged in at 12 cents and have sold 3/4 of my position at 21 cents today. It looks like this one has been on a slow, steady incline since the low and might be a good buy. The increase has been without any news to back it up. I'm looking to add to my position on a pull back. Any thoughts?
Sorry for the novice posting as this is my first stock pick that I've posted. I will work on learning how to hypertext the links prior to my next attempt. Thanks......Pilgrim

ShaggsTheStudd · 05-11-2009, 12:46 PM

Delists always lead to pullbacks... Judging just on the prices you mention, I wouldn't touch the stock until news or until after the delist.

pilgrim · 05-11-2009, 12:49 PM

Well, to answer my own thread, it looks like I may have sold my major position too soon, although I kept 25%. This stock is rocketing up over 75% today. Still no news found to support it..........not that I'm complaining..............Pilgrim

pilgrim · 05-11-2009, 12:51 PM

Shaggs..........I'm sure you're correct. I bought in on that theory looking for a correction. It did work out well today. Thanks for your input...........Pilgrim

05-11-2009, 12:34 PM	#1
pilgrim Junior Trader Join Date: May 2009 Location: Hamilton Posts: 8 Favorites: FEED, NCS, SQNM Rep Power: 25 Reputation: 220	RAM Holdings (RAMR) Has anyone been watching RAM Holdings (RAMR)? This is a financial guaranty reinsurer, which has been beaten down recently and is poised to delist from the NASDAQ. This has had a 52 week high of $3.22 and low of $0.09 which occurred on May 4th. I averaged in at 12 cents and have sold 3/4 of my position at 21 cents today. It looks like this one has been on a slow, steady incline since the low and might be a good buy. The increase has been without any news to back it up. I'm looking to add to my position on a pull back. Any thoughts? Sorry for the novice posting as this is my first stock pick that I've posted. I will work on learning how to hypertext the links prior to my next attempt. Thanks......Pilgrim
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05-11-2009, 12:46 PM	#2
ShaggsTheStudd VIP Trader Join Date: May 2009 Location: San Francisco Posts: 90 Favorites: XL, PSPM, ATVI Rep Power: 50 Reputation: 772	Delists always lead to pullbacks... Judging just on the prices you mention, I wouldn't touch the stock until news or until after the delist.
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05-11-2009, 12:49 PM	#3
pilgrim Junior Trader Join Date: May 2009 Location: Hamilton Posts: 8 Favorites: FEED, NCS, SQNM Rep Power: 25 Reputation: 220	RAMR continued Well, to answer my own thread, it looks like I may have sold my major position too soon, although I kept 25%. This stock is rocketing up over 75% today. Still no news found to support it..........not that I'm complaining..............Pilgrim
	Rate this post \|

05-11-2009, 12:51 PM	#4
pilgrim Junior Trader Join Date: May 2009 Location: Hamilton Posts: 8 Favorites: FEED, NCS, SQNM Rep Power: 25 Reputation: 220	Delist Shaggs..........I'm sure you're correct. I bought in on that theory looking for a correction. It did work out well today. Thanks for your input...........Pilgrim
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